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Navigating Fed Pressures and Market Dynamics
This chapter explores Wall Street aspirations for the role of Treasury Secretary amid ongoing economic challenges, including consumer spending concerns and the implications of Donald Trump's influence on the Federal Reserve. It also delves into the National Women's Soccer League's growth and the financial sectors' reactions to fluctuating market conditions, including Delta Airlines' recent IT-related losses. Additionally, the chapter addresses the delicate balance between presidential influence and Fed independence, urging for greater accountability while recognizing the complexities of political pressures in economic decision-making.